It sounds almost too good to be true: investing in something as magnificent as wine. From wines found in the Rhone to the Burgundy regions of France, these fine vintages are not just for the pallet anymore, but are a passionate investment amongst wealthy individuals. The very unique aspect about investing in wine is the fact it is a tangible investment. It has a growing global demand and limited quantity. Unlike oil and silver, a fine wine doesn't come back every year, thus the immense appreciation of a beautiful vintage intensifies.
In beginning to understand fine wine investing, notable factors come to light. The profits from wine investment are noteworthy. The average return on investment-worthy wine has been between 12% and 16% in a year; however, some vintages can be even higher in return. On choosing one vintage over another, fine wines worth a profit are not found in any market. The pedigree, longevity, and high ratings are very important in choosing vintages to invest in. Preferably, buying the wine directly from an acclaimed winery will ensure a higher return. Choosing fine wines with maturity beginning after ten years and continue aging for at least 25 years is a must. Typically, fine wines for investment have to have a score of at least 95 points by a world renowned wine critic. The Bordeaux region of France is where 80% of fine wines for investing in are purchased; therefore, it is a good place to start.
Not all fine wines are suitable for investment. As the interest increases globally on investing in fine wines, it is necessary to speak with someone who knows about wine investments. While deliberating on investing in fine wines, ask the experts at Compare the Financial Markets.